(Bloomberg) — European shares recovered after sliding by the most since April in the previous session, while the Swiss market retreated as traders had their first opportunity to react to a 39% US export tariff. Most Read from Bloomberg The Stoxx Europe 600 Index gained 0.9% by the close, with banks and insurance stocks outperforming…
(Bloomberg) — Wall Street had a lot riding on whether this week’s big-tech earnings would meet increasingly high expectations. By and large, the companies delivered. Most Read from Bloomberg Yes, the stock market finished the week on a down note with Friday’s selloff, which was in part sparked by mixed results from Amazon.com Inc. after…
2025-08-01T17:58:44Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Figma had a wild…
(Bloomberg) — A global stock selloff extended to a sixth day – the longest losing streak since September 2023 – as President Donald Trump boosted tariffs across the world and two days of solid megacap tech earnings failed to lift sentiment. Most Read from Bloomberg The MSCI All Country World Index slid 0.2%. Contracts for…
(Bloomberg) — Michael Saylor isn’t backing down. The Strategy co-founder is preparing to sell $4.2 billion more in preferred stock to fuel his latest Bitcoin bet — while throwing a lifeline to investors worried he’s diluting them into oblivion. Most Read from Bloomberg The plan, unveiled with second-quarter earnings on Thursday, is Saylor’s latest answer…
(Bloomberg) — Figma Inc. shares surged as much as 242% after the design software maker and some of its shareholders raised $1.2 billion in an IPO, with the trading valuing the company far above the $20 billion mark it would have reached in a now-scrapped merger with Adobe Inc. Most Read from Bloomberg Shares of…
(Bloomberg) — While humanoid robots faced off in a boxing ring at China’s flagship artificial intelligence conference in Shanghai, a fight in the US-China tech war was fought in suits nearby over who gets to set the rules in the AI age. Most Read from Bloomberg China’s answer is a new global organization to convene…
(Bloomberg) — Bitmain Technologies Ltd., the world’s largest manufacturer of crypto mining hardware, plans to open its first US facility in the coming months, a strategic pivot riding the “Made in America” boom in digital assets. Most Read from Bloomberg The company intends to officially open a new headquarters and assembly line in either Texas…
(Bloomberg) — Wall Street kicked off a pivotal week with the dollar climbing after President Donald Trump reached a tariff deal with the European Union and signs mounted that the US and China will extend their trade truce. Stocks held near a record and bonds edged lower. Most Read from Bloomberg The start of a…
(Bloomberg) — Japan expects only 1% to 2% of its recently agreed upon $550 billion US fund to be deployed as investment, with loans making up the bulk of the rest, according to the nation’s top chief negotiator Ryosei Akazawa. Most Read from Bloomberg Meanwhile, Tokyo stands to save roughly ¥10 trillion ($68 billion) through…